Penang Welcomes New Direct AirAsia Route From Shenzhen

GEORGE TOWN, Oct 29 (Bernama) -- Penang today welcomed AirAsia’s inaugural direct flight from Shenzhen, marking a milestone in the state's tourism development.

PIVB Maintains 'Outperform' Rating On AAX

KUALA LUMPUR, Oct 25 (Bernama) -- Public Investment Bank Bhd (PIVB) has maintained its "outperform" rating on AirAsia X Bhd (AAX) supported by its robust demand in the third quarter of 2024 (3Q 2024).

AirAsia X Reports 34 Pct Growth In Passengers To 1.08 Million In 3q 2024

KUALA LUMPUR, Oct 24 (Bernama) -- AirAsia X Bhd carried 1.08 million passengers in the third quarter (3Q) of 2024, representing a 34 per cent year-on-year (y-o-y) increase, and delivered a strong passenger load factor of 84 per cent, up by four percentage points. 

Capital A Could Benefit From Favourable Factors As It Undergoes Restructuring - PIVB

KUALA LUMPUR, Oct 24 (Bernama) -- Capital A Bhd is expected to benefit from favourable factors such as ringgit appreciation, robust air travel demand, and lower jet fuel prices amid its proposed restructuring plan, said Public Investment Bank Bhd (PIVB).

Capital A Proposes Capital Reduction Of Up To RM6 Bln

KUALA LUMPUR, Oct 23 (Bernama) -- Capital A Bhd has proposed to reduce its issued share capital by up to RM6 billion as part of a regularisation plan to exit its Practice Note 17 (PN17) status. 

Cebu Pacific Set For Robust Growth In 2025, Buoyed By Lower Fuel Costs, Strategic Expansion

By Kisho Kumari Sucedaram

MANILA, Oct 17 (Bernama) -- Cebu Pacific, the Philippines’s low-cost carrier, is poised for significant growth next year, buoyed by declining fuel prices, appreciation of the Philippine peso and strategic expansion of its fleet and route network.

AirAsia-Sega Pact Brings 'Sonic The Hedgehog', 'Persona 5' To The Skies

SEPANG, Oct 16 (Bernama) -- Malaysia’s low-cost carrier AirAsia today unveiled its branding partnership with the gaming company Sega Corp and its unit Atlus, where its passengers can enjoy the world of popular game characters “Sonic the Hedgehog” and “Persona 5” in immersive in-flight experiences.

AirAsia X Shareholders Approves Acquisition Of Capital A's RM6.8 Bln Aviation Business

KUALA LUMPUR, Oct 16 (Bernama) -- AirAsia X Bhd’s (AAX) shareholders have approved and expressed strong support for the proposed acquisition of Capital A’s entire equity interest in the aviation business within AirAsia Aviation Group Ltd (AAAGL) and AirAsia Bhd (AAB) for RM6.8 billion.

AirAsia Aims To Propel KLIA As World's Leading Aviation Megahub And Position ASEAN As The Next Dubai

SEPANG, Oct 15 (Bernama) -- AirAsia has reaffirmed its commitment to driving ASEAN connectivity and elevating the region’s status as a global transit point, much like how Dubai is recognised for international air travel and trade.

Capital A Optimistic About Exiting PN17 Status By Year-end -- Tony Fernandes

KUALA LUMPUR, Oct 15 (Bernama) -- Capital A Bhd is poised to be in a positive equity position and optimistic about exiting its Practice Note 17 (PN17) status by the end of December this year, according to chief executive officer Tan Sri Tony Fernandes.

Budget 2025: A Bigger Tourism Budget To Bring More People To Malaysia - Fernandes

PUTRAJAYA, Oct 15 (Bernama) -- AirAsia hopes the upcoming Budget 2025 will offer more initiatives to promote and advertise Malaysia.

AirAsia Drives KLIA To Top Global LCC Megahub Status, Announces New Routes

KUALA LUMPUR, Oct 10 (Bernama) -- AirAsia Group Bhd has been recognised by the OAG Megahubs Index 2024 as a key contributor to Kuala Lumpur International Airport's (KLIA) ranking as the world's top Low-Cost Carrier (LCC) Megahub.